To curb a sharp 15% spike in sugar prices ahead of the festive season, the Centre has imposed a 15-day stockholding limit on bulk consumers (using >10 MT/month) and allowed duty-free import of 10 lakh MT of raw sugar until October 31, 2026. The move invokes the Essential Commodities Act, 1955 and involves both the Ministry of Consumer Affairs and the Ministry of Commerce.
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- ›Stockholding Limit: 15 days for bulk consumers (monthly consumption >10 MT)
- ›Duty-Free Import Quantity: 10 lakh MT (1 million tonnes) of raw sugar
- ›Target this Data: 10 lakh MT (duty-free raw sugar import quota), 15-day stockholding limit, 15.12% monthly price spike, Rs 5,152.44/quintal retail price
- ›Target this Nodal Body: Ministry of Consumer Affairs, Food and Public Distribution (for stockholding order) & Ministry of Commerce and Industry (for import policy)
- ›Target this Legal Point: Section 3 of the Essential Commodities Act, 1955
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